• makeasnek@lemmy.ml
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    3 months ago

    I use Bitcoin regularly, this has literally never happened to me. The only way that happens is if you pay an average fee right before a massive fee spike, in which case, you can do a “replacement” transaction by upping the fee or just wait.

    You can open a lightning channel with a single on-chain transaction. That lightning channel can stay open for years and process trillions of transactions, instantly, for pennies in fees. If you need a transaction done quickly, you shouldn’t be sending it on main chain to begin with.

    Long-term the vision is for folks to be using lightning or other L2s for everyday transactions, not main chain. Most Bitcoin transactions by transaction count are already on lightning. Lightning has been out for 5+ years now. It works well and gets better every year.